The Ministry of Economy and Finance announces that the placement of the second issuance of the BTP Valore, that started on the 2nd of October, closed today raising a total amount of 17,190.004 million Euros with 641,881 contracts concluded.
This is a result that confirms the success of this family of government bonds dedicated to small investors (retail) who participated with great interest in the second issuance, characterized by the new quarterly coupons.
The amount issued coincides with the total turnover of valid purchase contracts concluded at par on the MOT (the Borsa Italiana’s screen-based market for securities and government bonds) during the placement period through the two dealers Intesa Sanpaolo S.p.A. and Unicredit S.p.A., also supported by the two co-dealers, Banca Akros S.p.A. and Iccrea Banca S.p.A.
The annual coupon rates communicated on the last 29th of September are confirmed:
- 4.10% for the 1st, 2nd and 3rd year;
- 4.50% for the 4th and 5th year.
The bond has first accrual date as of the 10th of October 2023 and maturity date as of the 10th of October 2028. Investors that will hold the bond until the final maturity of 5 years will be entitled to receive also the final extra bonus payment equal to 0.5% of the invested capital.
